115 Bussell Highway, MARGARET RIVER WA 6285
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- 29 Oct 2016
Iconic Main Street Opportunity
Stop the press! The popular rammed earth 3 shop complex in the heart of the main street is now available to purchase. The seller is offering a rare opportunity to the Margaret River property market a Free-hold of 3 buildings, all currently leased which have never been empty under the current ownership. The seller has secured this property for eighteen years, indicating that this commercial hub has immense value and potential.
The current popular shops in this complex are:
El-Rio Mexican Kitchen and Bar',
Sails' Coffee Shop
and a clothing store Stellar and the Chief'.
Margaret River is a bustling and thriving town, making the retail and restaurant industries profitable business ventures. With numerous events, a supportive and engaging tourism service, world renowned wineries and stunning beaches Margaret River will continue to flourish and grow.
The annual profit is at approx $162,000.
If you are in the market to secure a commercial investment such as this, please contact Shane to discuss the net return and other financial details further.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
115 Bussell Highway MARGARET RIVER